12. Provisions :

A provision is recognized when the Company has a present obligation as a result of past event; it is probable that an
outflow of resources will be required to settle the obligation, in respect of which a reliable estimate can be made.
Provisions are not discounted to its present value and are determined based on the best estimate required to settle
the obligation at the balance sheet date. These are reviewed at each balance sheet date and adjusted to reflect the
current best estimates.

Contingent liabilities are disclosed when there is a possible obligation arising from past events, the existence of
which will be confirmed only by the occurrence or non-occurrence of one or more uncertain future events not
wholly within the control of the Company. A present obligation that arises from past events where it is either not
probable that an outflow of resources will be required to settle or reliable estimate of the amount cannot be made,
is also termed as contingent liability. A contingent asset is neither recognized nor disclosed in the financial
statements.

Employee Benefits

Short term Employees Benefits:

All employee benefits payable wholly within twelve months of rendering the service are classified as short-term
employee benefits and they are recognized in the period in which the employee renders the related service. The
Company recognize the undiscounted amount of short-term employee benefits expected to be paid in exchange
for services rendered as a liability (accrued expense) after deducting any amount already paid.

Post Employee Benefits:
i. Defined Benefit Plans:

Gratuity, which is a defined benefit plan, is accrued based on an independent actuarial valuation, which is done
based on project unit credit method as at the balance sheet date. The Company recognizes the net obligation of
a defined benefit plan in its balance sheet as an asset or liability. Gains and losses through re-measurements of
the net defined benefit liability / (asset) are recognized in other comprehensive income. In accordance with Ind
AS, re-measurement gains and losses on defined benefit plans recognized in OCI are not to be subsequently
reclassified to statement of profit and loss. As required under Ind AS compliant Schedule III, the Company
transfers it immediately to retained earnings.

13. Earnings per share

Basic earnings per share are computed by dividing the net profit after tax by the weighted average number of equity
shares outstanding during the period. Diluted earnings per shares is computed by dividing the profit after tax by the
weighted average number of equity shares considered for deriving basic earnings per shares and also the weighted
average number of equity shares that could have been issued upon conversion of all dilutive potential equity shares.

Financial risk management

The Company’s activities expose it to the following risks:

Credit risk
Interest risk
Liquidity risk

A Credit risk

Credit Risk is the risk that counter party will not meet its obligations under a financial instruments or customer contract leading to
a financial loss. The Company is exposed to credit risk from its operating activities (primarily trade receivables and unbilled
revenue) and from its financing activities including deposits with banks and financial institutions, investments, foreign exchange
transactions and other financial instruments,
i Trade receivables

Credit risk is managed by each business unit subject to the Company’s established policy, procedures and control relating to
customer credit risk management. Outstanding customer receivables are regularly monitored.

The impairment analysis is performed at each reporting date on an individual basis for clients. The maximum exposure to credit
risk at the reporting date is the carrying value of each class of financial assets. The Company does not hold collateral as
security.

The Company evaluates the concentration of risk with respect to trade receivables as low as they are spread across multiple
geographies and multiple industries.

ii Financial instruments and deposits with banks

Credit risk is limited as we generally invest in deposits with banks and financial institutions with high credit ratings assigned by
international and domestic credit rating agencies. Counterparty credit limits are reviewed by the Company periodically and the
limits are set to minimize the concentration of risks and therefore mitigate financial loss through counterparty’s potential failure to
make payments.

B Liquidity risk

Liquidity is defined as the risk that the Company will not be able to settle or meet its obligations on time or at a reasonable price.
The Company’s treasury department is responsible for liquidity, funding as well as settlement management. In addition,
processes and policies related to such risks are overseen by senior management. Management monitors the Company’s net
liquidity position through rolling forecasts on the basis of expected cash flows.

The Company's principal sources of liquidity are cash and cash equivalents and the cash flow that is generated from operations.
The Company believes that the cash and cash equivalents is sufficient to meet its current requirements. Accordingly no liquidity
risk is perceived.

Note 32:

Financial instruments

The fair value of the financial assets are included at amounts at which the instruments could be exchanged in a current transaction
between willing parties other than in a forced or liquidation sale.

The following methods and assumptions were used to estimate the fair value:

(a) Fair value of cash and short term deposits, trade and other short term receivables, trade payables, other current liabilities,
approximate their carrying amounts largely due to the short-term maturities of these instruments.

b) Financial instruments with fixed and variable interest rates are evaluated by the Company based on parameters such as interest
rates and individual credit worthiness of the counterparty. Based on this evaluation, if require, allowances are taken to account for the
expected losses of these receivables.

Level 1: - Quoted price (unadjusted) in active markets for identical assets or liabilities

Level 2 - Inputs are other than quoted prices included within Level 1 that are observable for the asset or liability,
either directly (i.e. as prices) or indirectly (i.e. derived from prices).

Level 3 - Inputs for the assets or liabilities that are not based on observable market data (unobservable inputs)

Note: All Investments are measured at cost

Note 35: Capital Management

For the purpose of the Company's capital management, capital includes issued equity capital, securities premium and
all other equity reserves attributable to the equity holders. The primary objective of the Company’s capital
management is to maximise the shareholder value. The Company’s capital management objectives are to maintain
equity including all reserves to protect economic viability and to finance any growth opportunities that may be
available in future so as to maximise shareholders' value. The management and the board of directors monitors the
return on capital as well as the level of dividends to the shareholders. The Company manages its capital structure
and makes adjustments in light of changes in economic conditions.

10) The Board of Directors of Shradha Infraprojects Limited in their meeting held on 28th May, 2025, have considered
and recommended, a Final Dividend of Rs.0.50 [Rupees One Only] per equity share of face value of Rs. 2/- (Rupees
Five) each i. e. @25% (Twenty Five Percent) on the equity shares in the capital of the Company for the financial year
2024-2025 ended 31st March 2025, subject to the approval of the Shareholders (Members) of the Company.
Declaration of Final Dividend (FY 2023-24): The Company has approved and paid a final dividend of Rs.1.00
[Rupees One Only] per equity share of face value of Rs. 5/- (Rupees Five) each i.e. @20% (Twenty Percent) on the
equity shares in the capital of the Company for the financial year 2023-2024 ended 31st March 2024, at the Annual
General meeting held on 27th July 2024.

11) Other Statutory Information:

i) The Company does not have any Benami property, where any proceeding has been initiated or pending
against the Company for holding any Benami property.

ii) The Company does not have any charges or satisfaction which is yet to be registered with ROC beyond the
statutory period.

iii) The Company have not traded or invested in Crypto currency or Virtual Currency during the financial year.

iv) The Company have not advanced or loaned or invested funds to any other person or entity, including foreign
entities (Intermediaries) with the understanding that the Intermediary shall:

a. directly or indirectly lend or invest in other persons or entities identified in any manner whatsoever by or
on behalf of the company (Ultimate Beneficiaries) or

b. provide any guarantee, security or the like to or on behalf of the Ultimate Beneficiaries.

v) The Company have not received any fund from any person or entity, including foreign entities (Funding Party)
with the understanding (whether recorded in writing or otherwise) that the Company shall:

a. directly or indirectly lend or invest in other persons or entities identified in any manner whatsoever by or
on behalf of the Funding Party (Ultimate Beneficiaries) or

b. provide any guarantee, security or the like on behalf of the Ultimate Beneficiaries.

vi) The Company does not have any such transaction which is not recorded in the books of accounts that has been
surrendered or disclosed as income during the year in the tax assessments under the Income Tax Act, 1961
(such as, search or survey or any other relevant provisions of the Income Tax Act, 1961.

12) Last year figures have been regrouped wherever necessary.

Signatures to Notes 1 to 36
As per our report of even date attached

For Paresh Jairam Tank & Co. For and on behalf of the Board of Directors

Chartered Accountants Shradha Infraprojects Limited

Firm Reg. No.: 139681W

Sd/- Sd/- Sd/-

CA Paresh Jairam Tank Mr. Nitesh Sanklecha Mr. Shreyas Raisoni

Partner Managing Director & CFO Whole Time Director

Membership No. 103605 DIN: 03532145 DIN: 06537653

UDIN: 24103605BKEBEY2405

Sd/-

Mr. Shrikant Huddar

Company Secretary
M. No. A38910

Nagpur, May 28, 2025 Nagpur, May 28, 2025